You purchase an orange grove in Florida today for $2,300,000. If its value increases by a compounded

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You purchase an orange grove in Florida today for $2,300,000. If its value increases by a compounded rate of 3.6% per year, how many years will it take for the value to rise to $4,000,000?

A.28.827
B.46.341
C.6.261
D.29.886
E.15.647

Posted Date: May 18, 2024 12:13 PM

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You purchase an orange grove in Florida today for $2,300,000. If its value increases by a compounded

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